The major new tax law enacted in December 2017 is fundamentally flawed and will require a basic restructuring. It delivers windfall gains to wealthy households and profitable corporations, shrinks revenue at a time when the nation will require more revenue, and creates many new tax loopholes, shelters, and other opportunities to “game” the system. These social media graphics highlight key problems with the new law, as well as other federal tax policy issues.
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The Working Families Tax Relief Act
The Working Families Tax Relief Act Expands the Earned Income Tax Credit and Child Tax Credit
The Working Families Tax Relief Act Would…
By expanding the Earned Income Tax Credit…
The Working Families Tax Relief Act's expansions of the Earned Income Tax Credit and Child Tax Credit would boost incomes across races
The 2017 Tax Law
Three Fundamental Flaws in the New Tax Bill…
New tax law is heavily tilted toward wealthy and corporations
2017 Tax Law Delivers Large Tax Cuts to Most Well-Off
2017 Tax Law's Tax Cuts For Top One Percent Three Times Larger Than Tax Cuts for Bottom 60 Percent
Income Has Been Shifting from Working Class to Wealthy
Cutting Corporate Tax Rates Mostly Benefits Those At the Top
2017 Tax Law's Pass-Through Deduction Favors Top 1 Percent
The major new tax law enacted in December 2017 is fundamentally flawed and will require a basic restructuring. It delivers windfall gains to wealthy households and profitable corporations, shrinks revenue at a time when the nation will require more revenue, and creates many new tax loopholes, shelters, and other opportunities to “game” the system. These social media graphics highlight key problems with the new law, as well as other federal tax policy issues.
To save one of these images to your computer, click on it and it will download.
Text
Facebook
Twitter